Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>SEBI Sets Rules for Large Corporates to Raise 25% of Borrowings from Debt Market; Penalties for Non-Compliance.</h1> The circular issued by SEBI outlines guidelines for large entities to raise funds through debt securities, in line with the Union Budget 2018-19 announcement. Effective from April 2019 for entities with an April-March fiscal year, and January 2020 for those with a calendar fiscal year, the framework mandates that large corporates, identified based on specific criteria, must source at least 25% of their incremental borrowings from the debt market. Non-compliance results in penalties. The circular also details disclosure requirements for large entities and responsibilities of stock exchanges in monitoring compliance and collecting fines.